axis bank

Mumbai police's Economic Offences Wing has filed a cheating and conspiracy case against former directors of Anil Ambani-linked companies. Accused allegedly secured a Rs 150 crore bank loan, diverted funds, and defaulted. This marks the second FIR filed by axis bank against ADAG group companies, with the crime spanning from 2010 to 2019.

Stock markets surged on Monday, with Sensex and Nifty crossing significant milestones. Easing West Asian tensions and falling crude oil prices fueled investor optimism, particularly after US President Trump indicated a deal with Iran was largely negotiated. Banking stocks led the rally, while global markets also saw gains.

Kia India has launched a Battery-as-a-Service (BaaS) finance program for the Carens Clavis EV, aiming to reduce upfront costs by separating vehicle and battery financing. This allows ownership plans starting from Rs 51,520 with an additional per-kilometer battery subscription charge, making EVs more accessible.

Accused — Vikas and Suraj — pose as bank execs, use fake apps to steal card details & OTPs

Foreign investors are significantly reducing their stake in Indian equities, with FII ownership hitting a multi-year low. Concurrently, domestic institutional investors, particularly mutual funds fueled by SIPs, are increasing their holdings, absorbing much of the foreign selling and reshaping market ownership.

Corporate India is embracing Prime Minister Modi's call for work-from-home and reduced travel. Major companies like KPMG, Deloitte, and Tata Motors are reviewing policies, with many already operating hybrid models. Businesses are prioritizing virtual meetings and restricting non-essential trips to conserve foreign exchange and ensure continuity amidst global uncertainties.

Haryana D.El.Ed. admissions for the 2026-28 session will close today, May 11, 2026, for online registration and fee payment. SCERT Haryana has released the counselling and admission schedule for all three allocation rounds. Candidates must fill at least five institution choices during application. The course is open to Haryana and outside Haryana applicants meeting the prescribed eligibility criteria. First-round seat allotment will be published on May 13, while regular classes for first-year students will begin from July 1, 2026.

GOI should let the economy adjust to new energy market realities, and raise pump prices. Lower domestic fuel consumption will also mean less dollar demand & help shore up the rupee

Arundhati Bhattacharya, Naina Lal Kidwai, Chanda Kochhar, Shikha Sharma were all leading some of the country’s largest financial institutions. Today, a striking number of global capability centres run in India by American, European and British banks and financial services firms are led by women. These centres span everything from core banking technology and risk management to advanced analytics and operations, supporting some of the world’s largest financial institutions and increasingly shaping how they function globally

Vivo has launched its flagship X300 Ultra and X300 FE smartphones in India, featuring Zeiss-tuned cameras and Android 16. Both devices promise extensive OS and security updates. The X300 Ultra, with a 6,600mAh battery and Snapdragon 8 Elite Gen 5, starts at Rs 1,59,999, while the X300 FE is priced from Rs 79,999.

Indian equity markets experienced a downturn Friday, with both Sensex and Nifty closing lower. Renewed military tensions near the Strait of Hormuz dampened investor sentiment, leading to profit-booking across various sectors. While IT stocks showed resilience, PSU banks were significantly impacted. Global markets also reflected cautious sentiment.

axis bank's Q4 FY26 net profit dipped slightly to Rs 7,071 crore, impacted by higher provisioning and lower trading gains. Despite this, core interest income saw steady growth, fueled by a significant 19% rise in net advances, particularly in corporate and SME segments. The bank also reported improved asset quality and strong capital adequacy ratios.

Goldman Sachs maintained a buy rating on Reliance Industries, citing potential margin recovery and strong retail growth despite a Q4FY26 EBITDA miss. Nomura also holds a buy on axis bank, highlighting attractive valuations and strong loan growth. HSBC recommends buying Shriram Finance, anticipating RoA expansion despite revised AUM growth forecasts.

Vivo has launched its flagship X300 Ultra and X300 FE smartphones in India, both featuring ZEISS-tuned cameras and running Android 16. The X300 Ultra starts at Rs 1,59,999, while the X300 FE is priced from Rs 79,999. Both devices promise extensive OS and security updates.

Fraud Came To Light After First EMI Was Deducted; 4 Held

A special NDPS court ordered the defreezing of bank accounts belonging to Rhea Chakraborty, her brother Showik, and mother Sandhya. The court ruled the Narcotics Control Bureau failed to comply with mandatory procedural safeguards, specifically Section 68F(2) of the NDPS Act, regarding the confirmation of frozen assets within 30 days.